Banks no longer carry cash? Now the "I hate WF thread" (1 Viewer)

[The Big Guy]

To all those who seem to think the civil forfeiture towns don't exist, you need to look less at your local town and more towards the travel thru roads, where the police are looking to put the stones to travellers and raise some funds for the local coffers.

I'm sure they exist, but the likelihood of this ever happening to any one of us is too small to even fathom. So I'm driving through another state and a cop is going to pull me and my family over hoping that I might have a large sum of cash that he can confiscate?

Well since that is exactly what does happen in certain areas of the country, yes I would be concerned. And if the police ask you to search your car or if you have a

large sum of cash...I would not be quick to reply to them.

 

[Chadstroma]

I pull several thousand (3-15k) out of my Chase branch a few times a year when doing ticket transactions (I still dabble in Super Bowl, UK tix, etc.)

They've never even given me a 2nd look, although I do have to fill out a form and provide an extra ID when its over 10k.

It really is not a matter of which bank you are bank at but the branch at that bank and their cash levels. Smaller, low transaction, lower income areas (or some mix of the two) will tend to have lower cash levels while higher transaction higher income areas will tend to have more cash on hand and thus handling a customer requesting $15K is not a big deal.

Cash costs banks money, so like everything else that costs money- it is managed. The branch itself and the timing of when you come in can really make a huge difference on whether they don't give you a second look or have to decline the transaction.